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Monday, February 26, 2018
JAKARTA (TheInsiderStories) - Indian authorities have rescinded anti-dumping import duty on Indonesian melamine products, after discovering that there was no link between the imported goods and losses suffered by the country's domestic industries. This is certainly a positive news for Indonesian melamine exporters. The Indian Directorate General of Anti-Dumping and...
 49% report their company suffering fraud in last two years, up from 36% in 2016  The majority of external perpetrators (responsible for 40% of fraud) are “frenemies” of the organisation – agents, shared service providers, vendors and customers  41% have spent at least twice as much...
JAKARTA (TheInsiderStories) – The Joko Widodo government is committed to maintain the current electricity tariff until 2019, as a move to maintain price stability, Energy and Mineral Resources Ministry Ignasius Jonan said on Thursday (22/02). He said this was the message he received from the President during a meeting recently....
JAKARTA (TheInsiderStories) – The Government's emergency decision to halt all elevated transportation projects across the country will certainly exert an impact on private contractors involved in construction, according to Dandung Sri Harninto, Vice Chairman of the Indonesian Department of Infrastructure Development and Infrastructure Structure Committee. Losses will arise from the funding side for...
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed down 0.42 per cent to 6,615.47 points in the first session on Thursday (22/02), pressured by the news of likely increase of the Federal Reserve's (Fed's) interest rate this year.   The shares trading in the first session was highlighted by the weakening of...
JAKARTA (TheInsiderStories) - The United States Department of Commerce confirmed on Wednesday evening its preliminary finding that Argentina and Indonesia engaged in dumping of biodiesel and imposed dumping duties ranging from around 60 to nearly 277 per cent. The department found that biodiesel imports from Argentina and Indonesia are sold...
JAKARTA (TheInsiderStories) - President Director Indonesian Stock Exchange (IDX) Tito Sulistyo told press on Tuesday (20/02) several foreign companies have expressed their interest to list their shares at the bourse. Most of these companies are engaged in the mining, plantation and retail sectors. According to him, these companies seek to hold their...
JAKARTA (TheInsiderStories) - Local property developer PT Sentul City Tbk (IDX: BKSL) joined with Japan's Sumitomo Corporation and property developer Hankyu Realty Co. to build a condominium complex on the outskirts of Jakarta. The company said it is planning to complete three condo towers by May 2019 with a total of...
JAKARTA (TheInsiderStories) – The Indonesian government on Wed. 21 has hinted it might delay the implementation of the Trade Ministry Ruling Number 82/2017 which mandates the use of national shipping for exports and imports of key commodities – coal, crude palm oil and rice – and insurance companies; the...
JAKARTA (TheInsiderStories) - President Joko Widodo's ambition to build infrastructure financed by public debt since taking over the administration three years ago has aroused an uneasy awareness among the public. Indonesian government debt reached Rp3,938.7 trillion (approx. US$294 billion) as of the end of 2017, up Rp423.3 trillion from its position...

Latest article

PDIP Declares Joko Widodo as Presidential Candidate

JAKARTA (TheInsiderStories) - The Indonesian Democratic Party of Struggle (PDIP) has officially declared the incumbent President Joko Widodo as presidential candidate in the 2019...

Indonesia to Boost Aluminum Production to 2 MTPA

JAKARTA (TheInsiderStories) – The Indonesian government will continue to encourage higher national aluminum production, shooting at a figure of 1.5-2 million tons per annum...

Indonesia Issues $1.25B First Green Sukuk Bond

JAKARTA (TheInsiderStories) - Indonesia Ministry of Finance has issued a US$1.25 billion of five-year green bond on Friday (23/2), which is designed to comply...

India Lifts Anti-Dumping Duties for Indonesian Melamine

JAKARTA (TheInsiderStories) - Indian authorities have rescinded anti-dumping import duty on Indonesian melamine products, after discovering that there was no link between the imported...

Pwc: Global Economic Crime Hits Record Levels

 49% report their company suffering fraud in last two years, up from 36% in 2016  The majority of external perpetrators (responsible for...

Govt Vows No Electricity Tariff Hike Until 2019

JAKARTA (TheInsiderStories) – The Joko Widodo government is committed to maintain the current electricity tariff until 2019, as a move to maintain price stability,...